Glennjdk
𝐀𝐥𝐢𝐛𝐚𝐛𝐚'𝐬 𝐩𝐫𝐢𝐦𝐚𝐫𝐲 𝐥𝐢𝐬𝐭𝐢𝐧𝐠 𝐨𝐧 𝐭𝐡𝐞 𝐇𝐨𝐧𝐠 𝐊𝐨𝐧𝐠 𝐒𝐭𝐨𝐜𝐤 𝐄𝐱𝐜𝐡𝐚𝐧𝐠𝐞 𝐢𝐬 𝐨𝐟𝐟𝐢𝐜𝐢𝐚𝐥. Today marks the first day of Alibaba's primary listing in Hong Kong. The company will be dual-listed, meaning it will be listed in both the United States and Hong Kong. The advantage of being primarily listed in Hong Kong is that the stocks will be accessible to mainland Chinese investors through the Southbound Stock Connect. It is anticipated that the stocks will be available to mainland Chinese investors as early as September 9th. While it is uncertain how popular the listing will be, mainland Chinese investors currently own approximately 10% of Tencent, and it is reasonable to expect a similar level of interest in $BABA (Alibaba-ADR) over time. Nonetheless, Alibaba's stock is down today, as is most of the market. All three major U.S. indices are experiencing declines, with the $NSDQ100 being the worst performer among them. It will be interesting to see whether the market will recover or continue its downward trend tomorrow after $NVDA (NVIDIA Corporation) reports its earnings tonight. Nvidia's earnings will likely have an impact on the entire market, as it is the second-largest company in the world, only behind $AAPL (Apple) . Another company reporting earnings this week is $CPB (Campbell Soup Co) . While most people recognize Campbell for its soup, the company offers a diverse range of products, including snacks, a division that is currently experiencing significant growth. Additionally, Campbell has demonstrated resilience through world wars, economic depressions, pandemics, and multiple recessions, making it a potentially valuable addition to one's portfolio. You can learn more about the company here: www.investseekers.com/post/campbell-soup-company-much-more-than-just-soup Have a nice evening